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- W1996411242 abstract "We examine the issue of maximal moments of four exchange rates of US, Japan, Germany and France measured relative to the British Pound. It is found that the second moment of exchange rate returns is finite, and therefore, the infinite variance stable distribution is ruled out as a candidate for modelling exchange rates. In line with US evidence, there is some doubt about the existence of the fourth moment." @default.
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- W1996411242 date "1998-10-01" @default.
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- W1996411242 title "An investigation of the maximal moments of exchange rates" @default.
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- W1996411242 doi "https://doi.org/10.1080/135048598354258" @default.
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